Eggrider Ltd

Eggrider Ltd from Swansea UK: a small, active company founded five years ago, employs just one person, and holds £209,135 in assets. It’s led by two directors and owned by a solo founder, operating an e-commerce site focused on displays and apps for electric bikes. The company regularly imports electrical machinery and equipment – three months of activity recorded – and occasionally exports vehicles, parts, and accessories, with two months of export activity.

The company’s website, EggRider, showcases a range of displays and apps designed to enhance the e-bike experience. It’s all about customization, tracking performance, and connecting with fellow riders. They offer two distinct display options – the EggRider C1 and V2 – catering to different preferences. The website highlights testimonials from satisfied customers, many of whom praise the displays' configurability and ability to improve power and range. They even have a dedicated section for beta testers, showcasing real-world feedback and ongoing development.

Financially, Eggrider Ltd presents a mixed picture. Current assets have decreased by 30% to £210,000, while net assets have fallen 23% to £190,000. Bank cash reserves have taken a significant hit, dropping 29% to £190,000. However, creditors have also decreased by 60%, suggesting improved debt management. The company’s small size (meeting two of three conditions for a small company) allows for flexibility, but the decline in equity warrants attention. With no auditor mentioned, the figures are unaudited.

It seems Eggrider Ltd is navigating a period of change. While the e-commerce side appears vibrant and customer-focused, the financial data suggests a need to carefully manage expenses and maintain a healthy cash flow. The company’s ability to capitalize on the growing e-bike market will be key to its long-term success.

Registered in England/Wales under the registration number 12369463, with a registered address at SA7 9LA, United Kingdom, Swansea, West Glamorgan, C/O Eaccounts Ltd Ground Floor Cardigan House, Castle Court.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.